Revolut becomes first banking data publisher to join Pyth Network

PANews reported on January 8 that according to The Block, British financial technology company Revolut announced that it has become the first bank data publisher to join the multi-chain Pyth Network . Revolut integrates its digital asset quotes and transaction data into Pyth's price oracle, allowing decentralized finance (DeFi) developers to apply real-time market data to decentralized applications (dApps).

The Pyth network currently provides more than 500 real-time data streams for more than 80 blockchain ecosystems (including Solana, Ethereum, Arbitrum, etc.), and the total transaction volume in 2024 will exceed US$1 trillion. Revolut said that this cooperation will promote financial modernization, provide users and developers with accurate real-time data, and at the same time help the development of DeFi applications.